(Topic ID: 325921)

Twitter's imploding...

By chucktee

1 year ago


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  • Latest reply 1 year ago by galore2112
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    #45 1 year ago
    Quoted from chad:

    I'll just leave this here...
    And In Before The Lock.

    I’ll bet he does have answers but he’s smart not to share them because people aren’t going to want to hear them.

    Being outraged and complaining seems to be acceptable. But offering solutions seems to be a huge HELL NO!

    #46 1 year ago
    Quoted from hAbO:

    "Twitter is a crummy business. It’s only been profitable for two years of its existence, 2018 and 2019. In 2020 it lost over $1 billion, rebounding to lose a mere $222 million in 2021."
    "To make matters worse, Musk’s deal to buy Twitter for $44 billion involved taking out $12.5 billion in loans. This means that Twitter will have to come up with an additional $1 billion a year to service this debt."
    https://theintercept.com/2022/10/28/elon-musk-twitter/

    I’ve never done the math, nor care to, but I’ve gotten the impression he didn’t buy it as an investment.

    #158 1 year ago
    Quoted from JakeFAttie:

    IMHO, Elon has done two things of significance in his career; proven that electric cars can outperform comparable ICE cars and realized that the killer app for a rocket company is low orbit internet. Those are two meaningful and profitable accomplishments. He has also made plenty of mistakes, gotten lucky, and lied along the way. I hate his politics, but he is an fascinating figure. Sometimes his behavior makes me think he might have a coke habit.[quoted image]

    Never trust a screenshot on social media. They can be made up too easily. Links are reliable.

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